Tata Consultancy Services (TCS), has been ranked among the top three providers in the HFS Top 10 CFO F&A Service Providers 2022 report. Among the 13 service providers assessed in the report, TCS was placed at number 1 for scope of services, number 2 for overall execution, and number 3 for vision and strategy, leveraging emerging technologies, and for size, scale and growth.
“CFOs want an autonomous finance function that yields timely insights for financial strategy and helps realize the organization’s growth and sustainability imperatives. TCS Cognix™ brings in the right blend of human, technology and contextual know-how to help CFOs embrace digital quickly which is vital to the futuristic finance design,” said Ashok Pai, Global Head, Cognitive Business Operations, TCS. “We believe that our ranking in this assessment is a reflection of our vision and our innovation towards building future-ready finance organizations for our customers.”
TCS offers a comprehensive portfolio of services across the finance and accounting value chain that includes core offerings of procure to pay, order to cash, and record to report and strategic finance offerings like financial planning and analysis, cash and liquidity management, and tax compliance, a statement said.
Reetika Fleming, Executive Research Leader, HFS, “TCS has a robust set of offerings for the CFO’s office, and this past year we’ve seen the company drive a strong uptick in helping clients go from consult to operate, including designing shared services and digital GBS functions. TCS has also added several new F&A modules to its Cognix platform, helping make emerging technology a reality for this function.”
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